( February 8, 2024, 8:20 AM EST) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals on Feb. 6 by majority denied a petition for rehearing en banc of a panel’s ruling reversing the confirmation of an arbitral award worth more than $1.3 billion against an Indian state-owned company, which the panel also refused to rehear, while several judges joined in a dissent stating that the court should correct its precedent on the Foreign Sovereign Immunities Act (FSIA)....